WRITING ON THE WALL: Lloyd Blankfein Should Resign From Goldman Sachs

He needs to do it for the shareholders, its clients, the employees and the markets.

Under Mr. Blankfein, Goldman’s reputation has gone from Teflon to Velcro. Criticism that used to beguile other firms without nicking the Goldman now seem to only stick to Goldman. Once the pinnacle of banking, Goldman is now the butt of jokes across Wall Street and Main Street.